07/13/2011 Intraday Watering

[soku]

damn another crazy night i missed. i think the market is bullish. es need to hold 1314 to remain in continuous pattern. a break below 1310 could be trend reversal

buy bots kick in. not sure what happens. 1314 holds, so i long for the next 5 min

[BullBear52x]

let see if BUY program can prevent this selling, so far so good. prevention team is on alert for sure.

[champix]

FED: Bernanke testimony is even-handed, says Fed "remains prepared to
respond" with addl policy support if econ weakens or deflationary risks
emerge, but with exit if less accommodation warranted. Thus he does not
rule out QE3 or being more explicit about defining extended period or
reducing IOER to pressure short rates lower.

[99er]

Bored?

Try Ben. Live.

http://blogs.reuters.com/macroscope/201 ... -congress/

[Anaconda]

Great news to explain the huge up move: Greece announces it is going to bail out Italy and Portugal.

[soku]

damn another crazy night i missed. i think the market is bullish. es need to hold 1314 to remain in continuous pattern. a break below 1310 could be trend reversal

buy bots kick in. not sure what happens. 1314 holds, so i long for the next 5 min

watch for 1322-1323 level. those are the last swing highs. no need to be greedy.

[q2model]

Great news to explain the huge up move: Greece announces it is going to bail out Italy and Portugal.

USA too?

[Cobra]

resistance, I don't think it'd break through right away, but chances are high it will eventually. let's see.

[The Hook]

SOX not far from June lows.

[cheech]

IYR still weak and getting weaker. Regardless of how high Bernank takes it, still looks not great for bulls in the big picture.

[soku]

damn another crazy night i missed. i think the market is bullish. es need to hold 1314 to remain in continuous pattern. a break below 1310 could be trend reversal

buy bots kick in. not sure what happens. 1314 holds, so i long for the next 5 min

watch for 1322-1323 level. those are the last swing highs. no need to be greedy.

i closed my long already. if $$$ keeps going lower, we will see es rally again. today's equ value is around 1316.5

[soku]

kena, wake up. any edge on cat?
i have a covered call structure that i disclosed last week. now the 110c is doing dead cat bounce to me. any comments suggestions?

[Sqwii]

Markets up big , dollar down testing the broken trendline support now ! Rally TIME , bulls we are going to 1400+ ! Lets rally.............

Markets were not even oversold last days.... this is the pure bull run, buy the dip........................or...

[keesa]

yesterday pre-mkt oversold big time. ES under 1300.

Markets up big , dollar down testing the broken trendline support now ! Rally TIME , bulls we are going to 1400+ ! Lets rally.............

Markets were not even oversold last days.... this is the pure bull run, buy the dip........................or...

[ccash04]

SLV and silver looks like it might have resolved its wedge to the upside.. also bernanke is helping the cause.

new to this forum but been reading for awhile great stuff here! thanks!

[Cobra]

the next resistance, I still think the market needs a little consolidation here. Overall the bias is on the upside though.

[soku]

market getting tired. i think it may retest 1320 for the quality of b-o. i will pick side over there

[99er]

Quick, Ben
SPX http://99ercharts.blogspot.com/2011/07/spx_2482.html
"QE3."

[lilitulip]

GM Cobra, do you see SLV still in retangular or it broke out? thank you

[Cobra]

here's the reason, I think the bias is on the up side: ChiOsc too low.